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jkepler jkepler

Some churches are buying real estate to help their struggling communities. One even bought a golf course! Should churches be doing this?

Personally, I think it's great! One role most churches accept is helping those in need, and in my opinion this is an innovative way to do it. What do you think?

CNN article here: http://money.cnn.com/2009/10/07/smallbusiness/detroit_churches_economic_development/index.htm

Information on the golf course bought by one church: http://money.cnn.com/galleries/2009/smallbusiness/0910/gallery.detroit_churches_rebuild.smb/4.html
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windowshop...
windowshop...
Marked as Best! October 09, 2009 06:21 AM
It looks like a win/win situation. Ultimately, the churches can eventually sell the properties when market prices go back up, or they can continue to obtain funding from commercial properties to fund ministries.
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michelleld...
michelleld...
October 09, 2009 05:24 AM
I don't see why there should be any controversy over this. It's not hurting anyone; it has the potential to help people. I think it's great too!
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shadowbear
shadowbear
October 09, 2009 05:46 AM
I agree, its a great way for churchs to aid their communities.
Its what their in business for after all.
So I am all in favor of it.
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ssmacd
ssmacd
October 09, 2009 12:09 PM
As long as the community projects are open to all in the community, I think it's fine. If they only benefit church members, then I believe they could still do them, but should be taxed on any capital gains or income.
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